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Agent-Based Evolutionary Method of Simulation the Co2 Emission Permits Market Cover

Agent-Based Evolutionary Method of Simulation the Co2 Emission Permits Market

Open Access
|Dec 2013

Abstract

This article describes the problem of simulation of the CO2 emission permits market. First, it introduces a CO2 permission market model with transactions and purchase prices, in particular with a separate goal function for each party, transactions with price negotiations between regions and - as a consequence of introducing prices for permits - the possibility of investigating the influence of purchase/sale prices on the market. The behavior of such market model is simulated using a method, which is based on a specialized evolutionary method but introduces independent agents with their own transaction preferences.

DOI: https://doi.org/10.2478/fcds-2013-0012 | Journal eISSN: 2300-3405 | Journal ISSN: 0867-6356
Language: English
Page range: 251 - 265
Published on: Dec 4, 2013
Published by: Poznan University of Technology
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2013 Jarosław Stańczak, published by Poznan University of Technology
This work is licensed under the Creative Commons License.